Saudi Arabia promises stable crude aid supply

President Lee of South Korea has requested Saudi Arabia for a stable crude oil supply regarding the Iranian crisis. Saudi Arabia has willingly embraced the request, promising aid when necessary. The Arab nation has worked as the leader of OPEC for a stable worldwide crude oil supply. It has been 50 years since Saudi Arabia has established diplomatic relations with South Korea. President Lee is currently visiting Qatar. The South Korean president is planing to hold a bilateral summit with the king of Qatar, Sheikh Hamad, with the plan of establishing a high ranked strategic conference. Regarding energy, the two nations have already reached a settlement by agreeing upon the details about the energy and industrial cooperation Memorandum of Understanding. http://www.africasia.com/services/news_mideast/article.php?ID=CNG.1acb098b785b758e2a25af6194040dbc.171